297
297
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 297
favorite 0
quote 0
the. >> thank you, senator. >> the fiscal cliff isn't the only looming deadline. geithner is warning the nation will hit their debt ceiling on new year's eve. how will it impact your wallet? we are joined by rich edson. nice to see you. what will it mean for everyone? >> if you are borrowing money that could be problem matt ag. analysts say if we surpass the debt ceiling, and the pressurery department can do accounting and buy us a little more time, about $200 billion more time. but if we do surpass that point, interest rates would go up if you are looking to borrow money. money invested in the stock market, analysts predict worldwide markets would have major problems. if you get payments from the government in any form, whether paidfy the government, whether your job is involve in the government or if you get social security checks, if you get veterans benefits, if your government pace your healthcare, all of that could be at risk if there's not enough money or borrowing authority to pay the bills. >> you mentioned the word extraordinary circumstances. what a nic
the. >> thank you, senator. >> the fiscal cliff isn't the only looming deadline. geithner is warning the nation will hit their debt ceiling on new year's eve. how will it impact your wallet? we are joined by rich edson. nice to see you. what will it mean for everyone? >> if you are borrowing money that could be problem matt ag. analysts say if we surpass the debt ceiling, and the pressurery department can do accounting and buy us a little more time, about $200 billion more...
201
201
Dec 31, 2012
12/12
by
CNNW
tv
eye 201
favorite 0
quote 0
negotiations on capitol hill stalled in the final hours to avert falling over the fiscal cliff. senate leaders need to put something together to avoid tax increases for everyone and big spending cuts. a make or break deal may come down to just a few lawmakers. >> it remains to be seen whether the republicans being driven by an extreme group of house members will allow our economy to hurt because of their desire to protect multimillionaires in this country. and i think that's what's going to boil down to. >> any plan
negotiations on capitol hill stalled in the final hours to avert falling over the fiscal cliff. senate leaders need to put something together to avoid tax increases for everyone and big spending cuts. a make or break deal may come down to just a few lawmakers. >> it remains to be seen whether the republicans being driven by an extreme group of house members will allow our economy to hurt because of their desire to protect multimillionaires in this country. and i think that's what's going...
151
151
Dec 31, 2012
12/12
by
CNNW
tv
eye 151
favorite 0
quote 0
cliff. no vote yet, no agreement yet. and not a lot of time left. can you say one more day? we're going to start with the secretary of state, hillary clinton, hospitalized with a blood clot. it was discovered today during a follow-up exam. doctors say it is related to a concussion she suffered earlier this month. you'll recall the former first lady was suffering from a stomach virus when she fainted. i want to bring in cnn's chief medical correspondent, dr. sanjay gupta. she was just cleared to return to work this week, and now this. >> first of all, there are a couple things that are important. admittedly, the details are vague, don. it sounds like she went in for a routine exam, they found a clot, a blood clot, they did not specify where this clot was located. she's hospitalized on blood thinners, anti-coagulants, as you mentioned. these are important points. from a medical perspective, first of all, finding this on a routine exam means that she didn't go in for some particular new problem
cliff. no vote yet, no agreement yet. and not a lot of time left. can you say one more day? we're going to start with the secretary of state, hillary clinton, hospitalized with a blood clot. it was discovered today during a follow-up exam. doctors say it is related to a concussion she suffered earlier this month. you'll recall the former first lady was suffering from a stomach virus when she fainted. i want to bring in cnn's chief medical correspondent, dr. sanjay gupta. she was just cleared to...
88
88
Dec 27, 2012
12/12
by
FBC
tv
eye 88
favorite 0
quote 0
harry reid is addressing the senate. this is days before the fall off of the fiscal cliff. senate democrats are telling republicans get out of the way of a last-minute deal, accept tax increases for people making $250,000 a year. get out of the way. accept that. joining us is the founder of the media research center. blame if problem is spending and neither side is being serious about spending. neither side is. stuart: when you put your finger on it. they are politicians, are they not? they have to have in the back of their mind, they are politicians. they have to bear in mind the next election can they get reelected? can any politician get reelected by saying i am going to cut entitlements, cut spending? you are going to lose something? >> do you realize we have been doing this for 25 years? do you understand why we are in the mess we're in now? for 25 years both sides kicked the ball down and that is why we have not had a budget in three years. nobody wants to take a stand. every single republican, republican ran for office on the pledge to hold the line on taxes and cut
harry reid is addressing the senate. this is days before the fall off of the fiscal cliff. senate democrats are telling republicans get out of the way of a last-minute deal, accept tax increases for people making $250,000 a year. get out of the way. accept that. joining us is the founder of the media research center. blame if problem is spending and neither side is being serious about spending. neither side is. stuart: when you put your finger on it. they are politicians, are they not? they...
235
235
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 235
favorite 0
quote 0
graham, a couple of days ago you you said you thought we were going to go over the fiscal cliff. now, we are in the midst of a lot of last ditch pa bargaining between the senate leaders reid and mcconnell. what do you think of the chances for a small deal in the next less than 48 hours to avoid the cliff? >> exceedingly good. i think people don't want to go over the cliff if we can avoid it. i think what have we accomplished? political victory for the president. he stood his ground and he will get tax rate increases. maybe not at 250 but on upper income americans and the sad news for the country s that we accomplished very little in terms of not becoming greece or getting out of debt. this deal won't affect the debt situation. it will be a political victory for the president and i hope we will have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in asp republicans. but hats off to the president, he won. >> chris: you don't think some of the more conservative colleagues will filibuster or set up a procedural road block? they
graham, a couple of days ago you you said you thought we were going to go over the fiscal cliff. now, we are in the midst of a lot of last ditch pa bargaining between the senate leaders reid and mcconnell. what do you think of the chances for a small deal in the next less than 48 hours to avoid the cliff? >> exceedingly good. i think people don't want to go over the cliff if we can avoid it. i think what have we accomplished? political victory for the president. he stood his ground and he...
140
140
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 140
favorite 0
quote 0
this fiscal cliff. three budget standoffs. i mean, this congress has been uniquely atrocious. >> tom? >> the fact is the system is rigged. 75% of the congressmen come from gerrymandered districts in which they are bulletproof. they only play to one constituency. they have a choir back home. and that's a huge part of the problem here. there's another reality in this town today. we need a lighter moment here. a lot of folks as i was coming into the office today said they have to get it done by kickoff time tonight. >> that's right. >> it's a good thing nbc moved the kickoff to primetime. it's very important. >> david, i think it's also important to go back to the president's argument, that, you know, you have to be able to say yes to something that's reasonable. conservatives have argued that he's effectively exposed big internal divisions in the republican party that they have yet to work out, which prevents them from getting to a reasonable place of compromise to then move on to fight other battles. >> well, boehner was close
this fiscal cliff. three budget standoffs. i mean, this congress has been uniquely atrocious. >> tom? >> the fact is the system is rigged. 75% of the congressmen come from gerrymandered districts in which they are bulletproof. they only play to one constituency. they have a choir back home. and that's a huge part of the problem here. there's another reality in this town today. we need a lighter moment here. a lot of folks as i was coming into the office today said they have to get...
172
172
Dec 30, 2012
12/12
by
WTTG
tv
eye 172
favorite 0
quote 0
well, it turns out the fiscal cliff is going to be a cliff-hanger. with less than two days until the new year, senate leaders are still trying to work out a deal, to avoid tax increases on almost every american. but, any compromise will do close to nothing about our debt problem. joining us now, to discuss what kind of deal they will and won't vote for, are two key senators, democrat dianne feinstein and republican lindsey graham. senators, welcome back to fox news sunday. >> thank you. >> good morning. >> chris: senator graham, a couple of days ago you said you thought we were going to go over the fiscal cliff and now we are in the midst of a lot of last-ditch bargaining between the senate leaders, reid and mcconnell, what are the chances for a small deal in the next, less than 48 hours to avoid the cliff. >> exceedingly good. i think people don't want to go over the cliff, if we can avoid it. i think, whatever we accomplish, political victory to the president, hats off to him, he stood his ground and will get tax increases, maybe not 250 but upper
well, it turns out the fiscal cliff is going to be a cliff-hanger. with less than two days until the new year, senate leaders are still trying to work out a deal, to avoid tax increases on almost every american. but, any compromise will do close to nothing about our debt problem. joining us now, to discuss what kind of deal they will and won't vote for, are two key senators, democrat dianne feinstein and republican lindsey graham. senators, welcome back to fox news sunday. >> thank you....
125
125
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 125
favorite 0
quote 0
this fiscal cliff, three budget standoffs. i mean, this congress has been uniquely atrocious. >> tom? >> the fact is the system is rigged. 75% of the congressmen come from gerrymandered districts in which they are bulletproof. they only play to one constituency. there are no swing states. they don't go home and have a case because they've got a choir back home. and that's a huge part of the problem here. there's another reality in this town today. we need a lighter moment here. a lot of folks as i was coming into the office today said they have to get it done by kickoff time tonight. >> that's right. >> it's a good thing nbc moved the kickoff to primetime. it's very important. >> arguably, the redskins could clinch today. i think it's also important to go back to the president's argument, that, you know, you have to be able to say yes to something that's reasonable. charles krauthammer and other conservatives argued that he's effectively exposed big internal divisions in the republican party that they have yet to work out, whi
this fiscal cliff, three budget standoffs. i mean, this congress has been uniquely atrocious. >> tom? >> the fact is the system is rigged. 75% of the congressmen come from gerrymandered districts in which they are bulletproof. they only play to one constituency. there are no swing states. they don't go home and have a case because they've got a choir back home. and that's a huge part of the problem here. there's another reality in this town today. we need a lighter moment here. a...
526
526
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 526
favorite 0
quote 0
is officially going over the fiscal cliff. the senate at this hour has not moved the bill to the floor. until that happens, the house won't act. has signaled there will be no miscall cliff action tonight. tonight on the last "special report" of 2012, although president obama says the deal is in sight, what does it look like and will it pass either chamber? we will cover the negotiations from every angle and the the f fall-out. secretary clinton has been hospitalized because of a blood clot between her brain and skull but they are confident she will make full recovery. there is another taming report on security failures. send this back to new york and the colleagues with "the five." ♪ ♪ ♪ ♪ >> juan: getting redty to party. the last segment we took a look at the serious moments on "the five" this year. now let's get to the good stuff. roll the tape. ♪ notice >> are we non- >> bob. >> sorry. ♪ ♪ notice ♪ ♪ >> hostess brand maker of twinkies. [ laughter ] >> lockness monster was a hoax. >> what? that is a hoax? i
is officially going over the fiscal cliff. the senate at this hour has not moved the bill to the floor. until that happens, the house won't act. has signaled there will be no miscall cliff action tonight. tonight on the last "special report" of 2012, although president obama says the deal is in sight, what does it look like and will it pass either chamber? we will cover the negotiations from every angle and the the f fall-out. secretary clinton has been hospitalized because of a blood...
120
120
Jan 1, 2013
01/13
by
WMAR
tv
eye 120
favorite 0
quote 0
. >> reporter: the first order of business tackling the fiscal cliff passed in the senate just hours earlier. under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >> we are losing an opportunity for reform. >> reporter: opponents of the deal said it was done in haste. >> senator mitch mcconnell said this shouldn't be the model and the senate proceed like a bull in a china closet anyway. >> reporter: if the deal is passed in the house, the president is expected to sign this, killing the tax hikes. i'm elizabeth corey done reporting. >> the senate bill's lack of spending cuts is a concern. house majority leader eric cantor said this is not over yet. >>> the new year was also the deadline to apply for the state's homestead tax credit. december 31st was the deadline this get the appl
. >> reporter: the first order of business tackling the fiscal cliff passed in the senate just hours earlier. under terms of the legislation taxes on the middle class will not go up. individuals earning $400,000 a year or more and households earning $450,000 a year or more will see the levels return to clinton are a taxes. >> i think that we've made gigantic prog gressments i hope that we can have a bipartisan agreement as we go forward. >> vice-president joe biden -- >>...
71
71
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 71
favorite 0
quote 0
time nearly up before we go over the fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back for a rare sunday session. president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> well, i think we'll find out in the next 48 hours what congress will decide to do. but i think it's important for the american people to understand exactly what this fiscal cliff is, because it's actually not that complicated. the tax cuts that were introduced in 2001, 2003, 2010, those were extended, and they are all about to expire at the end of the year. so on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchas
time nearly up before we go over the fiscal cliff. senate leaders spent the weekend working on a last-ditch deal and the house comes back for a rare sunday session. president obama sat down with me in the blue room of the white house to discuss the way forward and his priorities for a second term. mr. president, welcome back to "meet the press." >> great to be here. thank you. >> the obvious question, are we going to go over the fiscal cliff? >> well, i think we'll...
321
321
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 321
favorite 0
quote 1
this fiscal cliff, three budget standoffs. i mean, this congress has been uniquely atrocious. >> tom. >> the fact is that the system is rigged. 75% of the congressmen come from gerrymandered districts in which they're bulletproof. they only play to one constituencies. there are no swing states. they don't go home to have to prove their case because they've got a choir back home. that's a huge part of the problem. there's another reality in this town today. we need a lighter moment. a lot of folks as i was coming in today say they've got to get this done by kickoff time tonight. >> it's a good thing nbc moved kickoff time. >> david, i also think it's important to go back to the president's argument that, you know, you have to be able to say yes to something that's reasonable. charles krauthammer and other conservatives have argued that he's effectively exposed big internal divisions in the republican party that they have yet to work out which prevents them from getting to a reasonable place of compromise, to then move on to fig
this fiscal cliff, three budget standoffs. i mean, this congress has been uniquely atrocious. >> tom. >> the fact is that the system is rigged. 75% of the congressmen come from gerrymandered districts in which they're bulletproof. they only play to one constituencies. there are no swing states. they don't go home to have to prove their case because they've got a choir back home. that's a huge part of the problem. there's another reality in this town today. we need a lighter moment....
86
86
Dec 27, 2012
12/12
by
FBC
tv
eye 86
favorite 0
quote 0
house republicans are calling on the senate to pass their various proposals dealing with the fiscal cliff. the senate majority leader says it is up to the house to pass the senate plan. >> so i say to mr. speaker, take the escape we have left you. put the economic fate of the nation ahead of your own fate as speaker of the house. millions of middle class families are nervously watching, waiting and counting down the moments until our taxes go up. >> senate minority leader mitch mcconnell is expected to take the senate floor a few minutes from now. he has been saying his office has been saying throughout the day when senate democrats offer a plan, republicans will review it. so republicans are very much waiting for democrats to offer a new type of fiscal cliff proposal. democrats are saying to republicans in the house, they should just pass that bill that passed the senate earlier this year, one that extends tax rates for families earning less than $250,000 a year. so very much bit of a stalemate going on here in washington as we move ever closer to the deadline. back to you. ashley: my fi
house republicans are calling on the senate to pass their various proposals dealing with the fiscal cliff. the senate majority leader says it is up to the house to pass the senate plan. >> so i say to mr. speaker, take the escape we have left you. put the economic fate of the nation ahead of your own fate as speaker of the house. millions of middle class families are nervously watching, waiting and counting down the moments until our taxes go up. >> senate minority leader mitch...
198
198
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 198
favorite 0
quote 0
that means the country is going over the fiscal cliff technically. as we have known congress to do before, you can have maneuvers by which they rewind the clock and if they go into tomorrow and they actually pass a piece of legislation they can rewind it to the point they need to be. some of the stipulations about the sequester and those are the across-the-board cuts do not kick in, until january 2nd so those are some of the things people are talking about. however, the biggest thing that everyone is talking about, are there really the votes to get this through? not only the senate, but, primarily, in the house of representatives? >> we know plan "b" which looked for tax hikes of earners over $1 million a year, so some of the framework, lowering to $450,000 joint filers so if you do not get $1 million passed in the house it is unlikely you will get $450,000 passed and the minority leader if the senate seemed near tears, senator mcconnell. it seems a mess. >>bret: speaker boehner, with only republicans, the plan "b" vote, that is what that was. this i
that means the country is going over the fiscal cliff technically. as we have known congress to do before, you can have maneuvers by which they rewind the clock and if they go into tomorrow and they actually pass a piece of legislation they can rewind it to the point they need to be. some of the stipulations about the sequester and those are the across-the-board cuts do not kick in, until january 2nd so those are some of the things people are talking about. however, the biggest thing that...
221
221
Jan 1, 2013
01/13
by
CNNW
tv
eye 221
favorite 0
quote 0
fiscal cliff bill, send it back to the senate for more action. that could be the kiss of death during this current session. many lawmakers on both sides of the aisle have grave concerns about this measure, the drama surrounding it, and their criticism is blunt. >> i wish i could say that this was a proud moment. a moment in which we started the year off right, in which the first of january was the first of a great many good things. it isn't. we're kicking the can down the road. >> we're about to have a hold your nose vote here in the house of representatives. and many of us are going to wrestle with the problem of making perfect be the enemy of the good. >> senator mitch mcconnell observed, quote, this shouldn't be the model for how we do things around here, end quote, and then the senate proceeded like a bull in a china closet anyway. the senate boasts, it is america's deliberative body. today, that claim rings hollow. >> this agreement represents absolutely the least we could have done under these circumstances and tragically, institutionalizes
fiscal cliff bill, send it back to the senate for more action. that could be the kiss of death during this current session. many lawmakers on both sides of the aisle have grave concerns about this measure, the drama surrounding it, and their criticism is blunt. >> i wish i could say that this was a proud moment. a moment in which we started the year off right, in which the first of january was the first of a great many good things. it isn't. we're kicking the can down the road. >>...
656
656
Jan 1, 2013
01/13
by
KPIX
tv
eye 656
favorite 0
quote 0
the so-called "fiscal cliff." >> let's pass the tax relief portion now. let's take what's been agreed to and get moving. >> reporter: the tentative deal would extend bush-era tax cuts for families making $450,000 a year and individuals making $400,000. it would also increase the taxes on estates worth more than $5 million and extend unemployment benefits for one year. president obama said he would have preferred a grand bargain that solved all of washington's revenue and spending problems. >> with this congress, that was obviously a little too much to hope for at this time. [ laughter ] >> it may be we can do it in stages. >> reporter: negotiations have been going on all day. lawmakers and aides moving back and forth between meeting rooms here on capitol hill on what is normally a quiet new year's eve. the major sticking upon the now is spending. the president suggested lawmakers make action on deficit reduction in the next few months and that more tax revenue could be involved in those discussions. but republicans are furious at that possibility. >> i'm
the so-called "fiscal cliff." >> let's pass the tax relief portion now. let's take what's been agreed to and get moving. >> reporter: the tentative deal would extend bush-era tax cuts for families making $450,000 a year and individuals making $400,000. it would also increase the taxes on estates worth more than $5 million and extend unemployment benefits for one year. president obama said he would have preferred a grand bargain that solved all of washington's revenue and...
142
142
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 142
favorite 0
quote 0
sfwloop the country hasn't officially gone over the fiscal cliff, but the uncertainty that senator barber boxer has talken about, may have already taken its toll. the dow is flat after it shed nearly 2% last week. the losses can pile up even more. according to the congressional budget office, the combination of dramatic spending cuts and tax hikes in the fiscal cliff could slow economic growth by a half a percentage point and send unemployment up to 9.1% over the course of 2013. the nonpartisan tax policy center calculate that is the average middle class family would see its tax rates -- its tax bills rise next year by $2,000. the fiscal cliff isn't the only thing rattling the economy. in just a few weeks lawmakers will begin battling over the debt ceiling. you may recall that in the summer of 2011 the debt limit standoff led to the first ever downgrade of the nation's credit rating. joining us now from capitol hill is cnbc's aman jabbers. appreciate you helping us make sense of all of this. >> happy new year. thank you for having me. >> on a less happy note, there are economists who are
sfwloop the country hasn't officially gone over the fiscal cliff, but the uncertainty that senator barber boxer has talken about, may have already taken its toll. the dow is flat after it shed nearly 2% last week. the losses can pile up even more. according to the congressional budget office, the combination of dramatic spending cuts and tax hikes in the fiscal cliff could slow economic growth by a half a percentage point and send unemployment up to 9.1% over the course of 2013. the nonpartisan...
302
302
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 302
favorite 0
quote 0
the senate passed a bill on the fiscal cliff but does it solve the problem? if the house gives it's stamp of approval what does this peen for the economy? let's ask the policy maker lynn brooks. >> this is a stopgap measure for the tax hikes that take place today. some of it revisited in a few months. some parts would be permanent if the house passes it such as the tax rates? >> that's right. ever since 2001 when we first passed this it was temporary. that's why we are having the cuts now and having it today. it is hard to grow and invest when you don't know what the income tax rate is going to be. you don't know what the debt tax is going to be. this is one positive thing on the bill the spending side is a different story. it's a step in the right direction on tax polil but in terms of spending it gets us nowhere in the right direction. which hit our debt ceiling we will be talking this the next few months. the bill doesn't have a lot of spending cuts into it on balance it increases spending explain some of the areas where it does that. >> the big part of th
the senate passed a bill on the fiscal cliff but does it solve the problem? if the house gives it's stamp of approval what does this peen for the economy? let's ask the policy maker lynn brooks. >> this is a stopgap measure for the tax hikes that take place today. some of it revisited in a few months. some parts would be permanent if the house passes it such as the tax rates? >> that's right. ever since 2001 when we first passed this it was temporary. that's why we are having the...
410
410
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 410
favorite 0
quote 0
john thune says the senate should have acted months ago to keep the economy going off the fiscal cliff. >> i just find it really hard to sit and listen to people come up now and wring their hands and talk about gee whiz, you know, i really hope we can get something done here in the last day as we put two people together, basically, to resolve. this. >> the two people were senate republican leader mitch mcconnell and vice president joe biden who worked the phones late last night and early this morning after talks between mcconnell and majority leader harry reid stalled. >> discussions continued today on a plan to protect middle class families from tax increase tomorrow. there are a number of issues on which the two sides are still apart, negotiations are continuing as i speak. >> the agreement would set the threshold for extending the bush tax cuts at $400,000 for individuals and $450,000 for families. it would set the tax rate on upper income people at 39.6%. the rate under former president bill clinton. estates would be taxed at 40% above $5 million for individuals, and $10 million fo
john thune says the senate should have acted months ago to keep the economy going off the fiscal cliff. >> i just find it really hard to sit and listen to people come up now and wring their hands and talk about gee whiz, you know, i really hope we can get something done here in the last day as we put two people together, basically, to resolve. this. >> the two people were senate republican leader mitch mcconnell and vice president joe biden who worked the phones late last night and...
233
233
Dec 29, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
first, we have to get back to the fiscal cliff impasse and the president's decision to ask the senate leaders to make a deal. here now to ace cnbc contributor, biden's chief economist and jimmy path kukis of the american enterprise institute. will we have a deal by monday. >> >> think we are. if you had asked me before the president spoke i would have said no. >> why? >> because i can see a path. if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the house though probably with majority democrat. if that happens, we may well have a deal. >> you said a big f, though. if mcconnel and reid can hammer something out. the senate hasn't passed a budget in years, jared. tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax thresho
first, we have to get back to the fiscal cliff impasse and the president's decision to ask the senate leaders to make a deal. here now to ace cnbc contributor, biden's chief economist and jimmy path kukis of the american enterprise institute. will we have a deal by monday. >> >> think we are. if you had asked me before the president spoke i would have said no. >> why? >> because i can see a path. if mcconnell and reid can hammer out a deal that's acceptable to both of...
379
379
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 379
favorite 0
quote 0
the good news is the senate approved a fiscal cliff deal. the bad news is your taxes are going up regardless thanks to obamacare. and if you're over one of those horrible people who make over $400,000. five new taxes under obama care will start going into effect. affecting everything from health care costs to the cost of medical devices. the congressional budget office says there is a $1 trillion tax hike over the next decade. we're going to talk to one of the guys with medical devices and how they're going to be affected later. >> overnight two people gunned down in the middle of new year's celebrations. it happened in sacramento, california. people say a fight broke out in a restaurant and it spilled out into the street. three other people were injured. police haven't said if they arrested a shooter or not. >> the daughter of a prominent new york city doctor, and he's an occupy wall street organizer, both under arrest for having explosives and a document called a terrorist encyclopedia in their upscale manhattan apartment. 27-year-old morg
the good news is the senate approved a fiscal cliff deal. the bad news is your taxes are going up regardless thanks to obamacare. and if you're over one of those horrible people who make over $400,000. five new taxes under obama care will start going into effect. affecting everything from health care costs to the cost of medical devices. the congressional budget office says there is a $1 trillion tax hike over the next decade. we're going to talk to one of the guys with medical devices and how...
307
307
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 307
favorite 0
quote 0
the big story here today: real questions at this hour about whether the senate passed fiscal cliff legislation will make it out of the house in one piece. moments ago, you are looking at video of house speaker john boehner and majority leader eric cantor walking in a republican conference meeting together. a show of solidarity, perhaps, after cantor came out against the bill that passed the senate this morning. looking live outside the meeting now. tonight on "special report," g.o.p. lawmakers are suggesting they may amend that bill and send it back to the senate. we'll explain what that means when we have live reports on both sides of pennsylvania avenue. potennial market reaction to the late moves. at the white house, president obama's plane but gassed up and ready to go back to hawaii. but with no vote and no communication with boehner, what now? "special report" from washington with all the fiscal cliff latest starts at 6:00. now back to "the five." ♪ ♪ ♪ >> juan: getting redty to party. the last segment we took a look at the serious moments on "the five" this year. now let's get to
the big story here today: real questions at this hour about whether the senate passed fiscal cliff legislation will make it out of the house in one piece. moments ago, you are looking at video of house speaker john boehner and majority leader eric cantor walking in a republican conference meeting together. a show of solidarity, perhaps, after cantor came out against the bill that passed the senate this morning. looking live outside the meeting now. tonight on "special report," g.o.p....
330
330
Dec 26, 2012
12/12
by
WBAL
tv
eye 330
favorite 0
quote 0
cliff is the senate, which returns tomorrow. majority leader harry reid is devising a partial solution that could ease economic fears. >> if we go over in a chaotic fashion, where members of congress are deeply grid locked with no sign of coming together, then we're likely to go over and stay over. and that's very problematic. >> reporter: going over the cliff would restore higher bush era tax rates and trigger deep spending cuts on january 1st. congress set up the harsh mechani mechanism, hoping it would force a compmise, but it hasn't. >> washington remains on square one in the fiscal cliff talks. >> reporter: congress reached this brink before christmas when speaker john boehner failed to get enough house republicans to support his solution, threw up his hands and said it's up to leader reid and the president. >> how we get there, god only knows. >> reporter: aides say reid's plan would avoid tax increases for people making less than $250,000, eliminate spending cuts and restore unemployment benefits. >> what needs to happen
cliff is the senate, which returns tomorrow. majority leader harry reid is devising a partial solution that could ease economic fears. >> if we go over in a chaotic fashion, where members of congress are deeply grid locked with no sign of coming together, then we're likely to go over and stay over. and that's very problematic. >> reporter: going over the cliff would restore higher bush era tax rates and trigger deep spending cuts on january 1st. congress set up the harsh mechani...
223
223
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 223
favorite 0
quote 0
no senate vote on the fiscal cliff tonight. that just from majority leader harry reid. they cannot agree. cannot agree on a counter offer at this point from the democrats. after a day of last minute negotiations to avoid tax hikes and spending cuts set to go into effect the day after tomorrow. chief congressional correspondent mike emanuel very busy tonight. it's almost coming apart. >> that's right. there's a lot of dis agreement on both sides. republicans say they would like to see any tax revenue that comes out of a fiscal cliff deal used to pay down our trillion dollars deficits. retiring republican senator from arizona, jon kyl, said the democrats want to spend $600 billion and he believes the new tax revenue will be about the same am. to he says not solving anything. for from senator to an today. >> raising taxes to pay for new spending is not something republicans believe this debate ought to be about. it ought to be about reducing the deficit and debt. they're suggesting we want new taxes, higher taxes on people in this country to pay for new spending. >> republ
no senate vote on the fiscal cliff tonight. that just from majority leader harry reid. they cannot agree. cannot agree on a counter offer at this point from the democrats. after a day of last minute negotiations to avoid tax hikes and spending cuts set to go into effect the day after tomorrow. chief congressional correspondent mike emanuel very busy tonight. it's almost coming apart. >> that's right. there's a lot of dis agreement on both sides. republicans say they would like to see any...
318
318
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 318
favorite 0
quote 0
going over the fiscal cliff. meanwhile, the president talked about it today. >> democrats and republicans in congress have to get this done. but they are not there yet. they are close. but they're not there yet. and one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you are supposed to do, they will use that second. >> we will continue to work on finding smarter ways to cut spending but let's not let that hold up and protect americans from the tax hike to take place in ten hours. ten hours from now. we can do this. we must do this. >> bret: it's not clear whether they can. it's not clear whether that is all of them believe they must. bring in the panel. jonah goldburg. kirsten powers if for daily beast. syndicated columnist charles krauthammer. begin with the president's statement today that happened mid-day. he framed it as ed henry said as campaign style event. middle class families behind him. didn't have a lot of details and has had the
going over the fiscal cliff. meanwhile, the president talked about it today. >> democrats and republicans in congress have to get this done. but they are not there yet. they are close. but they're not there yet. and one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you are supposed to do, they will use that second. >> we will continue to work on finding smarter ways to cut spending but let's not let that hold...
320
320
Dec 31, 2012
12/12
by
CNNW
tv
eye 320
favorite 0
quote 0
fiscal cliff. here's what both sides are considering in a potential deal right now. an increase in tax rates for families making over $450,000 a year. extending unemployment benefits. and an increase in the estate tax. the president seemed hopeful but cautious when he addressed the american people earlier today. >> today, it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve. but we're hopeful that congress can get it done. but it's not done. >> let's get straight to our chief white house correspondent jessi jessica yellin. she's over at the white house with the very latest. the president seems pretty optimistic that it's within a few hours we could have a deal, right? >> reporter: wolf, the people i just spoke to here say they are no more or less optimistic than they were this morning. which is to say they are not cueing the confetti just yet. senator mitch mcconnell, the republican leader on the hill, is still t
fiscal cliff. here's what both sides are considering in a potential deal right now. an increase in tax rates for families making over $450,000 a year. extending unemployment benefits. and an increase in the estate tax. the president seemed hopeful but cautious when he addressed the american people earlier today. >> today, it appears that an agreement to prevent this new year's tax hike is within sight. but it's not done. there are still issues left to resolve. but we're hopeful that...
1,457
1.5K
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 1,457
favorite 0
quote 0
-- off on the senate's fiscal cliff deal? rick: plus, iran kicking off the new year with a barrage of missile tests right near the most critical passageway for oil in the whole world. what's behind the rogue nation's latest saber rattling? heather: and a new year's selling brace, well, it turns into this, a tragedy, when shots ring out. what police say started all this. >> we all heard, um, two shots. >> pop, pop, pop, pop! felt like a glock. it was right there. >> right there in the corner of that bar. @ ♪ sing polly wolly doodle all the day ♪ ♪ hah @ heather: welcome back. a tragic new year's eve scene to tell you about. at least two people are now dead following a shooting at a fireworks show in sacramento, california. the shots rang out around 9 p.m., that's when a fight at a sports bar spilled out into the street leaving the crowd running for cover. >> we all heard, um, two shots. >> pop, pop, pop, pop. felt like a glock. it was right there. right there in the corner of that bar. >> right in front of us. it was, li
-- off on the senate's fiscal cliff deal? rick: plus, iran kicking off the new year with a barrage of missile tests right near the most critical passageway for oil in the whole world. what's behind the rogue nation's latest saber rattling? heather: and a new year's selling brace, well, it turns into this, a tragedy, when shots ring out. what police say started all this. >> we all heard, um, two shots. >> pop, pop, pop, pop! felt like a glock. it was right there. >> right there...
164
164
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 164
favorite 0
quote 0
chris wallace talks fiscal cliff with u.s. senators lindsey graham and diane feinstein. check your local listings for the times. >> arthel: with a possible agreement being worked on behind closed doors to avoid going over the fiscal cliff, one casualty could be the defense department. severe financial cuts could hit every branch of the armed services. peter doocy and minutes -- examines. >> he did not say the word sequester. it would automatically cut more than $100 billion from the budget next year, half from domestic programs programs and m defense programs. as the deadline draws close, experts are looking at them from a national security aspect and warning about their impact on the safety of our service members. >> it's going to affect the operational force that's deployed in terms of its ability to maintain its equipment, to get repair parts, and that forces deployed around the world. not just the force that's in afghanistan that's being reduced. it would impact on the training of the force and its preparedness to conduct other operations. >> white house officials ar
chris wallace talks fiscal cliff with u.s. senators lindsey graham and diane feinstein. check your local listings for the times. >> arthel: with a possible agreement being worked on behind closed doors to avoid going over the fiscal cliff, one casualty could be the defense department. severe financial cuts could hit every branch of the armed services. peter doocy and minutes -- examines. >> he did not say the word sequester. it would automatically cut more than $100 billion from the...
171
171
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 171
favorite 0
quote 0
just hours after the senate passed its version of the fiscal cliff bill. >> house democratic leaders speaking now. let's listen in on what they have to say. >> gave us a thoughtful and detailed explanation of what's gone on and how it was that he and the president working with the democratic and republican leaders in both houses were able to come together on this compromise. we first want to say thank you to the vice president for being so gracious. quite honestly so frank in his conversation with us in explaining as much as he could about what's transpired over the last several weeks. we now are waiting to hear from our republican colleagues whether or not they want to do what the senate did in a very bipartisan fashion and give the american people an opportunity to have a vote. there are people throughout this country who might look at this deal and love it, some might hate it, some may not understand it. but we firmly believe that every american this this country should have a right to vote in the people's house. the senate sent us a bill. we are hoping the house will respect the
just hours after the senate passed its version of the fiscal cliff bill. >> house democratic leaders speaking now. let's listen in on what they have to say. >> gave us a thoughtful and detailed explanation of what's gone on and how it was that he and the president working with the democratic and republican leaders in both houses were able to come together on this compromise. we first want to say thank you to the vice president for being so gracious. quite honestly so frank in his...
127
127
Dec 31, 2012
12/12
by
FBC
tv
eye 127
favorite 0
quote 0
cliff. >> does the minority leader and the senate, do they concur with the house of representatives. because it's eventually going to have to go through the house? >> absolutely. they would remaining in contact. just to make sure that the house would be agreeable to whatever the senate minority leader put out. democrats would have to be apprised of that as well but any agreement is probably going to need democrats in the house of representatives. the house is also working on a number of procedural maneuvers tonight to pave the way for quick votes over the next few days. they are not actively involved in the negotiations but if these two are to get a deal, vice president and senate minority leader the house could do a quick vote. >> two other things, first, if they don't do a deal, what can the average american, expect as far as tax increases? >> the average american could and not up and down the income sale. bush tax cuts created lower tax brackets for lower income americans, so up and down you would see specific tax increases not just on wealthier americans. >> and this doesn't have
cliff. >> does the minority leader and the senate, do they concur with the house of representatives. because it's eventually going to have to go through the house? >> absolutely. they would remaining in contact. just to make sure that the house would be agreeable to whatever the senate minority leader put out. democrats would have to be apprised of that as well but any agreement is probably going to need democrats in the house of representatives. the house is also working on a...
276
276
Dec 27, 2012
12/12
by
FOXNEWSW
tv
eye 276
favorite 0
quote 0
the senate is back in session considering some legislation not related to the fiscal cliff today. i asked a spokesperson for senate democratic leader harry reid if all the democratic members would be here in town for a possible votes? he didn't get back to me. a spokesperson for the republican leader mitch mcconnell said however, that delays for republican senators are certainly possible. they got two of them in maine, harris. harris: right. the speaker is in ohio. so you have some pretty hard-hit areas. >> yeah. harris: what kind of advice are airport officials giving members of congress actually trying to get back to work? >> reporter: they're giving them the same advice we mere mortals get. take a listen. >> we would tell a member of congress the same thing we would tell any other traveler, check with their airline before they head to the airport to make sure their flight is on time. things in washington are in real good shape for their arrival. >> reporter: if there are any votes on the fiscal cliff later this week in the senate, the weather should be fine. that is system shou
the senate is back in session considering some legislation not related to the fiscal cliff today. i asked a spokesperson for senate democratic leader harry reid if all the democratic members would be here in town for a possible votes? he didn't get back to me. a spokesperson for the republican leader mitch mcconnell said however, that delays for republican senators are certainly possible. they got two of them in maine, harris. harris: right. the speaker is in ohio. so you have some pretty...
208
208
Dec 26, 2012
12/12
by
MSNBCW
tv
eye 208
favorite 0
quote 0
hawaii's representation in fiscal cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city thunder. lebron james and whamm chambers been inned for 51 points. and rihanna and chris brown are courtside as the lakes pick up a victory, kobe bryant serving 34, topping 30 points for the ninth straight game. get out of the way. >>> numbers from the retailers are rolling in. so far not that great. holiday sales were up just .7% since last year, the slowest growth since 2008. even online shopping which posted double digit growth the past four years was up onl only .18%. and sur la table saw its biggest sales last saturday. >>> a class action against instagram in response to last week's
hawaii's representation in fiscal cliff negotiations is there. having said to endorse colleen han ni hanny -- hanibusa. >> and ben affleck has taken his name off the list for senator and says while he loves politics, he will not be running for office. >>> a bleak outlook for the coming year, a record low say they are hopeful and 56% say they are fearful. >>> the miami heat grabbed the top spot in the eastern conference by surviving a battle with the oklahoma city...
492
492
Dec 27, 2012
12/12
by
WBAL
tv
eye 492
favorite 0
quote 0
>>> on the broadcast tonight, five days to go before the country could plunge off the fiscal cliff. the president and the senate back early from vacation, but still no deal in sight. with your money at stake, why can't they reach an agreement in washington? >>> extreme weather. more heavy snow and crippling delays from that massive storm with another one on the way. tonight, how will it impact the holiday weekend? >>> got milk? why the price of a gallon could more than double in the next few days. what's behind this huge potential increase? >>> and the lives they led. our annual look back at some of those we lost this year. "nightly news" begins now. >>> from nbc news world headquarters in new york, this is "nbc nightly news" with brian williams. >> good evening, i'm natalie morales in for brian. just how bad is the situation in washington with only five days left before we reach the fiscal cliff? in a highly unusual move, lawmakers are being called back to work during this holiday week. but if today was any indication, it doesn't appear congressional leaders are ready to play nice,
>>> on the broadcast tonight, five days to go before the country could plunge off the fiscal cliff. the president and the senate back early from vacation, but still no deal in sight. with your money at stake, why can't they reach an agreement in washington? >>> extreme weather. more heavy snow and crippling delays from that massive storm with another one on the way. tonight, how will it impact the holiday weekend? >>> got milk? why the price of a gallon could more...
159
159
tv
eye 159
favorite 0
quote 0
we're waiting for the house of representatives to vote on the fiscal cliff deal that the senate passed early this morning. top republicans have already come out against senate bill. the fate is very uncertain. let's get latest from rich edson on capitol hill keeping track of all this for us. markets closed on the upside on hopes we would have a deal. does it look like we will by the time markets open tomorrow? >> diane this, is all hon hold. republicans ha the major concern mainly the lack of spending cuts. they all get together, 5:15, 15 minutes from now. they will start to hash this out or continue to hash this out and there is really no sense what house republicans will do with this. house democrats had a meeting this morning with vice president joe biden. they say they're not sure the number of sport they can get from house democrats. but they say that the republicans should allow a bill to hit the floor the one that passed the senate last evening with 89 votes. we talked to a number of different republicans who want to change this bill, alter it. if that happens, if republicans de
we're waiting for the house of representatives to vote on the fiscal cliff deal that the senate passed early this morning. top republicans have already come out against senate bill. the fate is very uncertain. let's get latest from rich edson on capitol hill keeping track of all this for us. markets closed on the upside on hopes we would have a deal. does it look like we will by the time markets open tomorrow? >> diane this, is all hon hold. republicans ha the major concern mainly the...
580
580
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 580
favorite 0
quote 0
. >> hey, mike, before we get to questions about the fiscal cliff. can you give us an update. we heard news about secretary hillary clinton. >> that's right, is she had a follow-up example at new york presbyterian hospital today when her doctors discovered she developed a blood clot. she's being treated with anti-clot medication at presbyterian hospitals and doctors are going to monitor progress over the next 48 hours. we're told her doctors will continue to assess her condition including what is associated with her concussion. >> hopefully that's a quick hospital stay. anybody, questions on the-- >> yeah, mike, it's beckel. mcconnell stayed out of this thing all along until he comes in at the last minute and i give him credit for trying it. at the last minute he drops in a reevaluation of the cross limit on entitlements which mired up the whole thing. we know full well you can't get that done in a day. why in the world is mcconnell messing with this thing. >> bob, you've probably been part of these high profile negotiations. >> i have. >> and dana mass. it's horse trading. bo
. >> hey, mike, before we get to questions about the fiscal cliff. can you give us an update. we heard news about secretary hillary clinton. >> that's right, is she had a follow-up example at new york presbyterian hospital today when her doctors discovered she developed a blood clot. she's being treated with anti-clot medication at presbyterian hospitals and doctors are going to monitor progress over the next 48 hours. we're told her doctors will continue to assess her condition...
235
235
Dec 30, 2012
12/12
by
FOXNEWSW
tv
eye 235
favorite 0
quote 0
the developments on the fiscal cliff. coming up, two top senators will tell us what we could expect and where the talks are if there are any. >> what could happen. we'll see. and russian president vladimir putin putting adoptions on hold for hundreds of american families. this is heart breaking. we will introduce you to a family whose plans to bring home their 4-year-old are now on hold. >> big news for people suffer ising from cataracts. how a new technique could give some people the gift of sight. the doctors are in on sunday house call just about 12 minutes from now. [ woman ] ring. ring. progresso. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because offers
the developments on the fiscal cliff. coming up, two top senators will tell us what we could expect and where the talks are if there are any. >> what could happen. we'll see. and russian president vladimir putin putting adoptions on hold for hundreds of american families. this is heart breaking. we will introduce you to a family whose plans to bring home their 4-year-old are now on hold. >> big news for people suffer ising from cataracts. how a new technique could give some people...
207
207
Dec 28, 2012
12/12
by
FOXNEWSW
tv
eye 207
favorite 0
quote 0
the senate has been meeting, but on matters unrelated to the fiscal cliff. the house will not meet until sunday, it looks like. there was a particularly pointed comment yesterday from senate majority leader harry reid aimed at republican house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of house of representatives to get what they want. >> here was the speaker's response to that comment. senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. now, this will bring us back to the price of milk. this is not technically part of the fiscal cliff, but it's because congress was not able to pass a farm bill this year. because of some strange 1949 price supports, the price of milk could skyrocket at your local grocery store. could go up a few dollars gallon if we revert back to that 1949
the senate has been meeting, but on matters unrelated to the fiscal cliff. the house will not meet until sunday, it looks like. there was a particularly pointed comment yesterday from senate majority leader harry reid aimed at republican house speaker john boehner. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of house of...
61
61
Dec 28, 2012
12/12
by
CNBC
tv
eye 61
favorite 0
quote 0
while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to avoid this problem because if the farm bill expires, we've got some real issues. >> so what do you think we should do, phil? what's the solution? >> well, bottom line is we've got to get everybody in washington to wake up. the senate passed it. the house ag committee passed it, but, you know, the house has really not allowed the debate to happen so as a result we've got all of this stuff happening and my fear is we're going to get lost. let's not forget, we've seen prices increase over the past two years dramatically, and especially after this summer's drought, prices went up even more. they're going to continue to go up. back in february the usga issued its 20-year report. it said because. global crisis, the prices are going to go up. we have this $5 billion over the past few years that's really set to expire. i frankly think that we are going to see some compromise probably similar t
while everybody is talking about the fiscal cliff, there's a farm cliff. secretary vilsack has been calling on the industry, calling on the senate and congress for months to avoid this problem because if the farm bill expires, we've got some real issues. >> so what do you think we should do, phil? what's the solution? >> well, bottom line is we've got to get everybody in washington to wake up. the senate passed it. the house ag committee passed it, but, you know, the house has...
193
193
Dec 29, 2012
12/12
by
FOXNEWSW
tv
eye 193
favorite 0
quote 0
going over the fiscal cliff. peter doocy is standing by with the story. >> stiant leaders are said to be working on a last ditch deal. they could present legislation to senators tomorrow . majority leader hairy reid warns that whatever they come up with will be imperfect. >> days after a major storm. the northeast is getting hit with another one. this will not be a block well buster. but could make it tough on people ready to travel between christmas and new years. state of maine . stame-sex couples are saying i doportland held special hour to accommodate waiting couples and finally washington may be divide over the fiscal cliff but will be united sunday night around the television site. jim moran admits they will be watching another battle, washington and dallas play tomorrow night. we'll be voting sunday night and probably watching the skins cowboy gave in the cloak room. >> the title game starts tomorrow night . those are the top stories, molly, back to you >> december, and watching football matters. >> they w
going over the fiscal cliff. peter doocy is standing by with the story. >> stiant leaders are said to be working on a last ditch deal. they could present legislation to senators tomorrow . majority leader hairy reid warns that whatever they come up with will be imperfect. >> days after a major storm. the northeast is getting hit with another one. this will not be a block well buster. but could make it tough on people ready to travel between christmas and new years. state of maine ....